The Senate voted this afternoon 73-26 in favor a bill that loosens SEC regulations in order to permit small businesses easier access to capital, thereby creating jobs. This bill passed despite an impassioned plea by Majority Whip Dick Durbin to extend debate and hold hearings on small business legislation. The
The Senate today took a big step toward passing a House-passed small-business capital formation measure when it voted to cut off debate on the legislation.
Critics of the JOBS Act, who believe the bill isn#39;t really about small businesses, fear the debate may be over.
The Senate has averted a judicial standoff for now. On Monday Majority Leader Harry Reid, D-Nev., announced that he’s invoking cloture to confirm numerous noncontroversial court nominees, a move designed to break a Republican filibuster. “There are judges on this list go back to November...
WASHINGTON (Reuters) - The Senate is under the gun to pass a transportation bill that would rev up road construction and create or save millions of jobs. But in the month since the chamber started considering the bill, it has faced gridlock worse than a Los Angeles freeway at rush hour. Feuding parties loaded up the highway bill with more than 100 amendments covering everything from birth ...